Gold Traders Kept ‘Powder Dry’ Ahead of Fed’s Jackson Hole Summit

Gold Traders Kept ‘Powder Dry’ Ahead of Fed’s Jackson Hole Summit

$XAU $GLD $USD Gold is an asset that will never produce anything, but that does not mean it will never produce a profit for investors. Gold prices moved lower Thursday and consolidated in a tight range as USD initially moved higher. This happened despite slightly better than expected EU PMI Flash numbers. The Jackson Hole […]

President Trump Wants Cheap Oil

President Trump Wants Cheap Oil

$USO, $OIL Saudi Arabia needs Crude Oil prices to be higher than what President Trump wants, as the Kingdom increases spending to bolster economic growth. International Monetary Fund (IMF) data released Monday show the world’s biggest Crude Oil exporter needs prices at about $85 bbl to balance its budget this year, up from a forecast […]

President Trump Thanks Saudis for Keeping Crude Oil Prices Low

President Trump Thanks Saudis for Keeping Crude Oil Prices Low

President Trump Thanks Saudis for Keeping Crude Oil Prices Low $OIL, $USO, $UNG, $UGA US President Donald Trump sent out a Tweet thanking Saudi Arabia for lower worldwide Crude Oil prices Wednesday after receiving widespread criticism for his declaration that Saudi Crown Prince Mohammed bin Salman aka MbS would not be punished even if he did order […]

Falling Crude Oil Prices Great for US Consumers and Emerging Markets

Falling Crude Oil Prices Great for US Consumers and Emerging Markets

Falling Crude Oil Prices Great for US Consumers and Emerging Markets $USO, $OIL, $UGA, $USD US Holiday shoppers should enjoy more spending power thanks to the recent dive in Crude Oil prices. While this fall in Crude Oil prices does not yet match the Ys 2014-2016 fall to $26 bbl, the current decline should soon […]

President Trump, “Oil prices getting lower. Great!”

President Trump, “Oil prices getting lower. Great!”

President Trump, “Oil prices getting lower. Great!” $USO, $OIL Wednesday, President Donald Trump Tweeted thanking Saudi Arabia for lower worldwide Crude Oil prices. “Oil prices getting lower. Great!” President Trump wrote. “Like a big Tax Cut for America and the World. Enjoy! $54, was just $82. Thank you to Saudi Arabia, but let’s go lower!” The Tweet […]

Cryptocurrencies on the Week Ended 12 October

Cryptocurrencies on the Week Ended 12 October

Cryptocurrencies on the Week Ended 12 October $BTCUSD, $ETHUSD Bitcoin holds above $6,000 ends week lower Bets against Ether hit record pace Bitcoin (BTC) prices held above $6,000 Friday, after a 24-hr selloff resulted in the price of the world’s largest digital currency trading very close to a Key support mark. 1 Bitcoin BTCUSD, +1.13%  was last going […]

Lower Back Pain Leads to Weight Gain

Lower Back Pain Leads to Weight Gain

Lower Back Pain Leads to Weight Gain Lower back pain is a common health complaint, and if it sidelines you for too long, it can lead to weight gain, a loss in your fitness level and keep you from doing things you really like to do. But not moving is not the answer Specific exercises […]

Many US Industries Will Thrive During Trade Tensions

Many US Industries Will Thrive During Trade Tensions

Many US Industries Will Thrive During Trade Tensions $DIA, $SPY, $QQQ, $RUTX,$ VXX Several US industries are set to withstand the trade dust-up or even thrive, according to US financial services firm Cowen and Company. China’s recent revisions to tariffs have a clear benefit to luxury retailers, Cowen analysts said in its report. While the […]

Chicago Agriculture Commodities Finished Lower

Chicago Agriculture Commodities Finished Lower $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture grains futures finished lower Wednesday in technically driven trade as investors squared positions toward the end of the year and the USD firmed. The most active Corn contract for March delivery fell 6.75 cents, or 1.9%, to 3.4825  bu. March wheat […]

US President Donald Trump’s Tax Cuts “Economic Nirvana”

US President Donald Trump’s Tax Cuts “Economic Nirvana”

US President Donald Trump’s Tax Cuts “Economic Nirvana” US President Elect Donald Trump’s proposed tax policies will have a positive effect much the same President Ronald Reagan’s did. Economist Art Laffer, a former member of Ronald Reagan’s Economic Policy Advisory Board, said that Donald Trump should not worry about America’s growing trade deficit, and he […]